Mantra Community Rejoices Over Significant Airdrop Announcement

The rise in the
cryptocurrency
market has generated excitement among participants, and for the Mantra community, this excitement has doubled. The Mantra team announced a significant airdrop of 50 million OM tokens, bringing joy to its members. Over 350,000 community members,
NFT
owners, stakers, and contributors to the ecosystem are eligible to participate in this large “GenDrop” airdrop. The team had hinted at this announcement back in April, and now the distribution is nearly upon them.
Contents
Airdrop Announcement and Distribution List
Distributions to Other Categories
Airdrop Announcement and Distribution List
The Mantra team revealed the 50 million OM airdrop set to occur on November 8. This announcement was eagerly anticipated by the community. A distribution list was also published, allowing participants to check their group assignments. Users can monitor their distributions through the Mantra Zone platform.
To facilitate the airdrop process, the team’s “GenDrop Checker” tool has been activated. With this tool, users can verify the amounts they will receive in the airdrop. Eligibility criteria were detailed, and participant addresses were shared.
Distributions to Other Categories
The team plans to execute the distribution across various groups, each with established eligibility criteria. This model aims to provide all participants with a fair chance during the distribution process.
According to the official statement, the OM airdrop will be distributed among 11 groups and 350,000 users. Sixty percent of this amount (30 million OM) is allocated to those who participated in the KARMA Pre-Mainnet Tasks. Approximately 124,758 addresses will receive tokens from this pool. The team noted that more than 57% of the total KARMA tokens will be distributed among just 124,760 addresses.
The second-largest distribution is designated for Galxe Season 1 participants, encompassing 12% of the total supply, with 125,725 addresses deemed eligible. Users who score 215 points or more from Galxe tasks can benefit from this airdrop. Additional requirements have also been set for users who add EVM addresses.
Other categories included in the distribution are ATOM Stakers, Bad Kids NFT owners, Celestine Sloths NFT owners, Pudgy Penguins NFT owners, and Testnet validators. MANTRA tokens will also be distributed to other categories like NFTs and Bit Kids at specific rates.
The Mantra team has successfully rekindled community interest. Although the official distribution date for the OM airdrop has not yet been announced, the community is eagerly awaiting this development. The potential effects on the OM price are also a focal point for the market.
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Disclaimer:
The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.